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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Recycling that has been mostly made from plastic food packaging and decontaminated using a procedure that has been certified is known as "food grade recycling." Strict requirements must be met for the input material to be appropriate for contact with food.
The easiest way to describe food grade plastic is as food safe plastic. Any plastic that can come in contact with consumable food or drink goods is referred to by this phrase.
It's critical that acidic meals and drinks are maintained in the proper containers since some of these substances can leech chemicals from their surroundings.
As long as rules and criteria are announced by the Food Authority, goods made using recycled polyethylene terephthalate (PET) may be used for packing, storing, carrying, or dispensing food products.
The process of reclaiming scrap or wasted plastics and turning them into useable goods, sometimes in radically different forms from their initial state, has been referred to as plastic recycling.
Given that HDPE is one of the most easily recycled plastic polymers, it is accepted by the majority of recycling facilities worldwide. Products made of HDPE are typically collected by recycling businesses and sent to sizable facilities for processing.
Food-grade plastics are developed specifically to meet strict purity requirements, so they are free of any colors or recycling components that can be harmful to people's health.
The Global Food-Grade Recycled Plastics Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.
In order to speed the creation of novel sustainable packaging solutions, Nestlé today announced that it would invest up to. This move would position Nestlé as a leader in the transition from virgin plastics to food-grade recycled plastics.
Food safety and quality are of utmost importance, and packaging greatly contributes to ensuring these things. Due to the difficulty of recycling most plastics for use in food packaging, there is a finite amount of food-grade recycled plastics available.
Nestlé has pledged to procure metric tones of food-grade recycled plastics and to budget more than CHF to pay a premium for these materials in order to establish a market. To keep this initiative's financial impact neutral, Nestlé will look for operational synergies.
Another significant obstacle on the way to a future without waste is innovation in packaging, including new materials, refill systems, and recycling solutions.
The Nestlé Institute of Packaging Sciences conducts extensive internal research, and the corporation will establish a CHF 250 million sustainable packaging venture fund to make investments in start-up businesses that target these fields.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |